Define the term 'delegation' and explain six (6) ways to ensure that delegation is properly carried out at workplace.(a)(14 marks) (b)What are the reasons to delegation? Explain any three (3) reasons.
(a)The trait theories of leadership attempt to isolate characteristics that differentiate leaders from non-leaders. What are the characteristics of trait theories of leadership?Explain.(10 marks) (b)Explain four (4) characteristics of democratic style of leadership. Give an example in what situation a particular style of leadership will be most effective.(10 marks)
The Microprocessor data shows the demand for one type of chip used in industrial equipment from a small manufacturer. . Construct a chart of the data. What appears to happen when a new chip is introduced? Develop a regression model to forecast demand that includes both time and the introduction of a new chip as explanatory variables. • What would the forecast be for the next month if a new chip is introduced? What would it be if a new chip is not introduced?
Explain the four (4) functions of management which a marketing manager at a telecommunication firm has to perform when getting things done. Provide examples(12 marks)(a)to support your answers. (b)Differentiate between efficiency and effectiveness. What does it mean to be aneffective and efficient marketing manager?(8 marks)
By referring to Four Fingers fast-food restaurant in Singapore, explain how the General Business Environment factors could affect the restaurant activities and performance.(20 marks)
The 2016 Sales data contains customers' historical annual sales and their Christmas spend. Build a model to estimate upcoming Christmas spend based on their annual sales. Evaluate the goodness of fit; try to improve the model's fit to over 90%.
Discuss Abraham Maslow's hierarchy of needs theory and its managerial implications.